How to Acquire Myanmar Port Terminal (VDB Loi Insights This Month)

30

Apr

2018

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HIGHLIGHT OF THIS MONTH

From our Energy and Infrastructure Team

Acquiring a Port Terminal Project in Myanmar

Although others forms also exist, most port terminals with private interests in Myanmar are “Landlord Ports”. That is to say, the port is leased to the private sector for it to operate the port services, for which it invests capital – generally through a concession.

The Myanmar Investment Commission recently issued a notification (Notification 7/2018) on investment in the education sector. The notification defines private schools as those that are not operated by the state. Read more…

From our Taxation Team

Tax notes: Myanmar Union Tax Law 2018 updates

The Union Parliament (the Pyidaungsu Hluttaw) enacted the Union Tax Law 2018 (“UTL 2018”) on 30 March 2018, which went into effect on 1 April 2018. Below we provide a synopsis of the points most pertinent for taxpayers this year. Read more…

RECENT VDB LOI WORK

International Financial Institution selects VDB Loi for transportation PPP project: A global IFI has selected the legal team for its landmark transportation project in Myanmar. VDB Loi was selected as local counsel. The project will be implemented under the PPP scheme.

Media company retains VDB Loi amid tensions with local players: Our disputes team has been engaged to assist a company in the media sector with a looming dispute that centers around intellectual property rights.

Energy group needs tax structuring advice: VDB Loi’s highly recognized tax team has started work on the tax planning of a complex energy investment.

Telecom investor starts due diligence: VDB Loi’s TMT team, with the help of the Corporate M&A team, is working on a due diligence exercise involving several companies in the telecommunications arena.

SEE OUR PROGRESS IN 2017

Check out the impressive progress our practice made last year:

Our MIC team remains a very strong performer with 25% of the total MIC permits obtained through the firm.

We advised several of the largest LNG projects under consideration, and was selected as local advisor by both the World Bank and the Japanese Government.

We were selected as local counsel on the IFC program to create the hydropower model PPA.

With Cambodia’s rapid economic growth and development, the country’s demand for reliable electricity supply continues to increase. This growth, combined with Cambodia’s liberal approach to foreign direct investment, provides significant opportunities for foreign investment in electricity production, transmission and distribution. This power sector update provides an overview of this sector and a discussion of the process required to obtain approval to carry out electricity supply projects.